The Reserve Bank of India raised the Additional Factor of Authentication (AFA) limit from Rs. 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and UPI for recurring transactions.
India has registered the sharpest rise among the Asian economies, with a six-place jump from 43rd to 37th rank on the index due to gains in economic performance.
Defence Minister Rajnath Singh has approved the enhancement of funding under the Technology Development Fund (TDF) scheme to 50 crore rupees per project from 10 crore rupees.
EXAMIANS